British wealth manager Tilney Bestinvest has concluded the acquisition of Ingenious Asset Management (IAM), a London-based discretionary investment manager.

The acquisition will add more than £11bn in assets under management and administration to Tilney’s portfolio.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

IAM has been rebranded as Tilney Asset Management and now operates under the Tilney brand alongside the Investment Management and Financial Planning teams.

Also, Ingenious CEO Guy Bowles has been appointed as head of investment management (London) at Tilney.

Tilney Bestinvest CEO Peter Hall said: "The team at IAM are very high quality professionals and their investment approach is complementary to our own so we believe this represents an excellent combination. Importantly it significantly bolsters our Investment Management team in London and further deepens our presence in the high net worth and ultra-high net worth client segments."